Recognized at Morgan Stanley’s 24th Annual Tech Week for supporting seamless, secure authentication experiences for clients.
President and Co-Founder Rakesh Loonkar accepted the Firm’s 2026 Innovation Award on behalf of Transmit Security. Morgan Stanley presents this award to technology companies whose capabilities have materially contributed to the Firm’s technology strategy and modernization. We’re proud to be named a 2026 winner.
Why this work shapes what we build
Financial institutions are a demanding test of new technology. Anything you deploy today must work across systems that were not designed together, or to hold up against threats that change faster than release cycles, and at the same time earn the trust of people who depend on it to move and safeguard their money.
That’s what makes our customer engagements so rewarding. The conversations that come out of work like this tend to be specific: about edge cases, about what happens on the third attempt rather than the first, about the difference between a policy that reads well and one that behaves well at scale. Those details constantly shape our roadmap.
Where security and customer experience meet
Every login, account change, and transaction is a moment where an institution has to authenticate a customer. It’s during these critical moments where cybersecurity protocols and reduced friction is paramount.
A stronger approach treats customer identity and access management as one continuous decision across the customer journey through phishing-resistant authentication, constant verification, and real-time signals drawn from device, behavior, and context working together to confirm legitimate customers quietly and seamlessly.
When these capabilities are orchestrated from a single platform, policies stay consistent across every channel instead of being stitched together from disconnected point solutions.
AI is rewriting the rules, not just raising the volume
The rules are changing faster than most security stacks can absorb. Customers are already delegating real actions to AI agents, and bad actors have the same tools. Nearly every control in the modern security stack was built to detect humans from bots, but with the entry of AI agents, it is now much more difficult than ever to tell legitimate users from malicious intent.
Getting ahead is not something any vendor does alone. Architectures are proven in production, inside institutions where the stakes are real and the details matter. Building alongside organizations that hold technology to that standard is what positions an innovator from a company that will be left behind in the new agentic era.
What we’re building toward
We’re grateful to Morgan Stanley for this recognition, and to the teams on both sides who do the work behind it.
“Better security and seamless authentication underpins our core mission and will be the future of banking and agentic AI,” said Rakesh Loonkar, President and Co-Founder of Transmit Security. “Recognition from Morgan Stanley, after years of close collaboration in delivering on this principle, is an honor.”
If your institution is modernizing customer authentication, fraud prevention, and preparing for the future of agentic commerce, we would be happy to walk you through our orchestration architecture that eliminates having to make the choice between blocking revenue and blocking adversaries.
